Long Term Tesla - Big Accumulation !
Long term Technical suggest we are in a Up Trend on Angle 6.
Green UMVD & GREEN TrapZone at the moment with Very WIDE Ranges on the Daily.
Will post hourly for swing analysis as a thread next. What are your thoughts ?
Green UMVD & GREEN TrapZone at the moment with Very WIDE Ranges on the Daily.
Will post hourly for swing analysis as a thread next. What are your thoughts ?
Catatan
Swing chart on an Hr, recent selling is with the RED UMVD. angle 7 is the next support!
Catatan
Todays Gap down was not a surprise, selling was evident here on the hOurly since the 26th.
RED UMVD = selling pressure. RED TrapZOne = downTrend
Catatan
Angle 7 is lost on the Daily. Now angle 6 is where the support could be. so a few more dollares to loose.
Catatan
We are down around the angle 6 after the gap down. I think we will push it down before bouncing back to close the gap. I am thinking 203/ 202 before a move higher.
Catatan
It pushed down and then POP...lol Next resistance will be around 261 with the angle coming down. There were multiple buying patched in the days leading up to the earnings.
Catatan
The down Angle provided the resistance. I will update the angles based on Hrly and post next.
Catatan
Selling has started with RED UMVD and RED US MSI. I think we will see the bottom of the GREEN TrapZone and then Start going up.
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